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Scoperlys parent company is owned by SaudiArabias Public Investment Fund, meaning that Pokemon Go now belongs to the king of SaudiArabia. Niantic will now focus all its efforts on its geospatial tech , which mixes AI, AR, spatial intelligence, and geolocation.
Countries such as SaudiArabia and the United Arab Emirates have led the charge in adopting and developing immersive solutions. XR Today: How do the technological solutions from your XR partners (HTC VIVE, etc) enable your own solutions?
Magic Leap has also secured roughly $590 million through SaudiArabia’s sovereign wealth fund this year, launching the firm’s valuation to more than $4.5 This funding will support Magic Leap’s “Chapter 3” roadmap of delivering enterprise-grade XR solutions. .
With the help of the local HTC Vive team, who provided the hardware, I hosted a range of speakers, live TilT Brush demos from students and delivered a range of different presentations myself (at one point having to run to the main stage, speak, then run back to deliver a presentation on the VR stage minutes later!)
According to AlMuawad, Midwam’s solutions were key to developing SaudiArabia as a strategic tech and metaverse incubator. ” Companies developing solutions similar to HTC VIVE’s lip-tracking tools would deepen immersion and lead to greater levels of realism for avatar development.
Image by HTC Vive). HTC’s new headset may be called Vive XR Elite. Thanks to the support of the community member Inscothen, I have discovered that the Korean website of HTC may have leaked the info about the upcoming headset that the company should unveil at this CES. SaudiArabia fund gets control of Magic Leap.
To close 2022, Magic Leap’s leadership team underwent a major restructuring following a significant investment from SaudiArabia’s sovereign wealth fund. The augmented reality (AR) headset manufacturer gained $450 million from the Saudi Arabian Public Investment Fund (PIF).
Multiplayer Interactive Immersive Shooting Arena Multiplayer VR Shooting Arena for HTC VIVE, Virtual Reality Matrix Space, Implement 4VS4 battle mode, The world’s leading multiplayer online solution that can be commercialized and implemented! Doomsday/Eve theme, makes you feel like you are at the end of the world.
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